Enterprise Bancorp Stock Probability of Future Stock Price Finishing Under 32.1
| EBTC Stock | USD 23.50 0.18 0.76% |
Enterprise |
Enterprise Bancorp Target Price Odds to finish below 32.1
The tendency of Enterprise Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 32.10 after 90 days |
| 23.50 | 90 days | 32.10 | close to 99 |
Based on a normal probability distribution, the odds of Enterprise Bancorp to stay under $ 32.10 after 90 days from now is close to 99 (This Enterprise Bancorp probability density function shows the probability of Enterprise Stock to fall within a particular range of prices over 90 days) . Probability of Enterprise Bancorp price to stay between its current price of $ 23.50 and $ 32.10 at the end of the 90-day period is over 95.69 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.76 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Enterprise Bancorp will likely underperform. Additionally Enterprise Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Enterprise Bancorp Price Density |
| Price |
Predictive Modules for Enterprise Bancorp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Enterprise Bancorp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Enterprise Bancorp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Enterprise Bancorp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Enterprise Bancorp is not an exception. The market had few large corrections towards the Enterprise Bancorp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Enterprise Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Enterprise Bancorp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.36 | |
β | Beta against NYSE Composite | 1.76 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | -0.17 |
Enterprise Bancorp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Enterprise Bancorp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Enterprise Bancorp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Enterprise Bancorp generated a negative expected return over the last 90 days | |
| About 20.0% of the company shares are held by company insiders | |
| On 1st of March 2024 Enterprise Bancorp paid $ 0.24 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Enterprise Bancorp, Inc. Plans Quarterly Dividend of 0.24 - MarketBeat |
Enterprise Bancorp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Enterprise Stock often depends not only on the future outlook of the current and potential Enterprise Bancorp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Enterprise Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 12.2 M | |
| Cash And Short Term Investments | -37.4 M |
Enterprise Bancorp Technical Analysis
Enterprise Bancorp's future price can be derived by breaking down and analyzing its technical indicators over time. Enterprise Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Enterprise Bancorp. In general, you should focus on analyzing Enterprise Stock price patterns and their correlations with different microeconomic environments and drivers.
Enterprise Bancorp Predictive Forecast Models
Enterprise Bancorp's time-series forecasting models is one of many Enterprise Bancorp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Enterprise Bancorp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Enterprise Bancorp
Checking the ongoing alerts about Enterprise Bancorp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Enterprise Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Enterprise Bancorp generated a negative expected return over the last 90 days | |
| About 20.0% of the company shares are held by company insiders | |
| On 1st of March 2024 Enterprise Bancorp paid $ 0.24 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Enterprise Bancorp, Inc. Plans Quarterly Dividend of 0.24 - MarketBeat |
Check out Enterprise Bancorp Backtesting, Enterprise Bancorp Valuation, Enterprise Bancorp Correlation, Enterprise Bancorp Hype Analysis, Enterprise Bancorp Volatility, Enterprise Bancorp History as well as Enterprise Bancorp Performance. For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Enterprise Stock analysis
When running Enterprise Bancorp's price analysis, check to measure Enterprise Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enterprise Bancorp is operating at the current time. Most of Enterprise Bancorp's value examination focuses on studying past and present price action to predict the probability of Enterprise Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enterprise Bancorp's price. Additionally, you may evaluate how the addition of Enterprise Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Enterprise Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enterprise Bancorp. If investors know Enterprise will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enterprise Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.36) | Dividend Share 0.92 | Earnings Share 3.11 | Revenue Per Share 13.208 | Quarterly Revenue Growth (0.11) |
The market value of Enterprise Bancorp is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Enterprise Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enterprise Bancorp's market value can be influenced by many factors that don't directly affect Enterprise Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enterprise Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.